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Europe Monster Employment Growth Remains Stable In May

6/1/2012 12:32 AM ET

European online recruitment growth remained stable at 6 percent on a yearly basis in May, Monster Worldwide reported Friday. Nonetheless, the employment index dropped slightly to 143 from 144 in April.

The annual increase was primarily due to more opportunities for workers in architecture and production. For the second consecutive month, Germany retained an annual growth of 19 percent.

"However, markets like Netherlands and France continue to weigh down the Index and reduced overall consumer and business confidence indicate we are clearly not yet out of the woods," said Alan Townsend, Vice President of Sales Readiness and Business Operations for Monster Europe.

The Monster Employment Index Europe is a monthly gauge of online job posting activity based on a real-time review of millions of employer job opportunities culled from a large representative selection of career web sites and online job listings across Europe.

by RTT Staff Writer

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